Apollo Finvest Seeks ₹40 Crore Unsecured Promoter Loan Approval

Apollo Finvest will seek shareholder approval to issue up to Rs. 100 crore of secured, unsecured or Tier-II NCDs within its Rs. 500 crore borrowing limit. It also proposes up to Rs. 40 crore of unsecured promoter/director loans at arm’s-length interest rates of 10.25%-14% to support working capital and lending operations.